NOT LISTED FOR SALE

204 S 4th St Niles, MI 49120

Estimated Value: $162,000 - $201,732

3 Beds
2 Baths
-- Sq Ft
7,840 Sq Ft Lot

Last Sold April 18, 2018

Last sale price $99,000

Est. 86% increase in value since last sale

Current estimated payment $1,434/month

26 Days on Market

Highlights

  • Window Unit Cooling System
  • Forced Air Heating System
  • 1-minute walk to Orchard Park

About This Home

As of April 2018

Great investment opportunity! Three unit home with long term tenants. One of the main floor units is a studio apartment & the second has 1 large bedroom, wood floors and is super cute. The upper apartment has 2 large bedrooms & a large bath. A coin operated washer & dryer is in the basement and can be accessed by tenants using the side entrance to the building. The seller replaced the roof in 2012, Windows in 2012, gutters 2013, siding in 2013, plumbing upper unit 2006, two water heaters 2017, new water main into house 2007, new washer 2013. All units have updated kitchens & baths including tile floors. All units include stove, refrigerator & window units. This is a sweet deal with an income of 1,715.00.

Last Agent to Sell the Property

Nancye Kitchell

Bon Realty License #6506047168 Listed on: 02/01/2018

Last Buyer's Agent

Nicole Bush

Cressy & Everett Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,500

Lot Details

  • 7,840 Sq Ft Lot
  • Lot Dimensions are 66 x 118

Home Design

  • Vinyl Siding

Basement

  • Michigan Basement
  • Partial Basement
  • Crawl Space

Parking

  • 3 Parking Spaces
  • Carport
  • Unpaved Driveway

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Window Unit Heating System
  • Phone Connected
  • Cable TV Available

Community Details

  • 3 Units

Listing and Financial Details

  • The owner pays for water, sewer, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,500

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space, Michigan Basement

Exterior Features

  • List Price: 99000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 3.0
  • General Property Info:Total Parking Spaces: 3.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Telephone Line, Public Sewer, Cable Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.18
  • Lot Size Area: 0.18
  • Lot Size Sq Ft: 7840.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 1500.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 3, 2020
Sold by
Bauer Matthew J and Bauer Kremena Y
Bought by
Wallace Stephen
Current Estimated Value
$183,683

Purchase Details

Listed on
Feb 1, 2018
Closed on
Apr 18, 2018
Sold by
Goodson Cory M and Goodson Jody L
Bought by
Bauer Matthew J and Bauer Kremena Y
Seller's Agent
Nancye Kitchell
Bon Realty
Buyer's Agent
Nicole Bush
Cressy & Everett Real Estate
List Price
$99,000
Sold Price
$99,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.26%
Original Mortgage
$74,250
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2003
Sold by
Bonfoey Kenneth P and Bonfoey Kathy
Bought by
Goodson Cory M and Goodson Jody L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
6.33%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 11, 1999

Purchase Details

Closed on
Apr 16, 1998
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wallace Stephen $115,000 Mtc
Bauer Matthew J $99,000 None Available
Goodson Cory M $82,000 Meridian Title Corp
-- $40,000 --
-- $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wallace Stephen V $480,000
Previous Owner Bauer Matthew J $74,250
Previous Owner Goodson Cory M $84,000
Previous Owner Goodson Cory M $20,000
Previous Owner Goodson Cory M $15,000
Previous Owner Goodson Cory M $65,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2018 04/18/18 Sold $99,000 0.0% --
02/27/2018 02/27/18 Pending -- -- --
02/01/2018 02/01/18 For Sale $99,000 -- --
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,901 $110,100 $0 $0
2024 $2,628 $102,100 $0 $0
2023 $2,520 $89,200 $0 $0
2022 $2,400 $83,000 $0 $0
2021 $4,328 $77,500 $4,100 $73,400
2020 $2,585 $61,400 $0 $0
2019 $2,548 $39,400 $11,200 $28,200
2018 $1,538 $39,400 $0 $0
2017 $1,521 $32,500 $0 $0
2016 $1,494 $30,400 $0 $0
2015 $1,490 $28,200 $0 $0
2014 $783 $28,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18003599

Southwestern Michigan Association of REALTORS®

APN: 11-73-2700-0053-00-7